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Verizon Communications Inc. (VZ)

Market Open
16 Jun, 14:24
NYSE NYSE
$
47. 02
-0.05
-0.0956%
$
196.04B Market Cap
14.87 P/E Ratio
2.83% Div Yield
597,368 Volume
4.59 Eps
$ 47.07
Previous Close
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Day Range
46.86 47.4
Year Range
10.6 51.68
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Verizon to cut over 13K jobs as it seeks to cut costs under new CEO

Verizon to cut over 13K jobs as it seeks to cut costs under new CEO

Verizon will lay off more than 13,000 workers as new CEO Dan Schulman implements an aggressive cost-cutting strategy to compete with AT&T and T-Mobile.

Foxbusiness | 6 months ago
Verizon says it will lay off 13,000 employees as its new CEO seeks a 'faster and more focused' company

Verizon says it will lay off 13,000 employees as its new CEO seeks a 'faster and more focused' company

Verizon said Thursday that it will lay off more than 13,000 employees. The company started 2025 with about 100,000 employees.

Businessinsider | 6 months ago
Why Verizon's new CEO is cutting 13,000 jobs at the wireless company

Why Verizon's new CEO is cutting 13,000 jobs at the wireless company

Verizon's stock has been a major laggard and the company has failed to show annual earnings growth recently. CEO Dan Schulman says layoffs will make Verizon “faster and more focused.

Marketwatch | 6 months ago
Verizon cutting more than 13,000 jobs as it restructures

Verizon cutting more than 13,000 jobs as it restructures

U.S. wireless carrier Verizon said Thursday it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs and restructure operations.

Reuters | 6 months ago
Verizon Begins Laying Off More Than 13,000 Employees

Verizon Begins Laying Off More Than 13,000 Employees

U.S. employees will be notified Thursday if they are being laid off in Verizon's largest-ever round of workforce cuts.

Wsj | 6 months ago
VZ Upgrades Network of Monumental Sports: Will it Fuel Revenues?

VZ Upgrades Network of Monumental Sports: Will it Fuel Revenues?

Verizon's new 100G optical ring for Monumental Sports strengthens venue connectivity and supports its digital transformation push.

Zacks | 7 months ago
Verizon Communications Inc. (VZ) is Attracting Investor Attention: Here is What You Should Know

Verizon Communications Inc. (VZ) is Attracting Investor Attention: Here is What You Should Know

Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Zacks | 7 months ago
Verizon plans largest-ever layoffs amid restructuring

Verizon plans largest-ever layoffs amid restructuring

Verizon Communications Inc (NYSE:VZ, ETR:BAC) is set to cut approximately 15,000 jobs, or about 15% of its US workforce, marking the largest layoffs in the company's history. The reductions are expected to begin as soon as next week as part of a restructuring under new CEO Dan Schulman.

Proactiveinvestors | 7 months ago
Verizon to cut about 15,000 jobs as it restructures under new CEO

Verizon to cut about 15,000 jobs as it restructures under new CEO

Verizon is planning to cut about 15,000 jobs in the telecommunications company's largest-ever layoffs as part of a restructuring under its new CEO, a person familiar with the matter told Reuters on Thursday.

Fastcompany | 7 months ago
Inside the Frantic Push to Reverse Verizon's Decline

Inside the Frantic Push to Reverse Verizon's Decline

After the board soured on Hans Vestberg's network-first focus, his successor as CEO is planning major cost cuts.

Wsj | 7 months ago
Verizon Eyes Layoff That May Cut 15,000 Jobs

Verizon Eyes Layoff That May Cut 15,000 Jobs

Sources told The Wall Street Journal (WSJ) that in the name of reducing costs, Verizon Communications plans to cut about 15,000 jobs within the coming week. According to the Thursday (Nov. 13) report, this would be the largest workforce reduction in the telecommunications giant's history.

Pymnts | 7 months ago
Verizon to cut up to 15K jobs as it seeks to cut costs under new CEO

Verizon to cut up to 15K jobs as it seeks to cut costs under new CEO

Verizon plans layoffs of up to 15,000 workers as new CEO Dan Schulman implements an aggressive cost-cutting strategy to compete with AT&T and T-Mobile.

Foxbusiness | 7 months ago
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